This article helps provide funding data for part 6 of my annual review of the year in ed-tech
I confess: this wasn’t a trend that I tracked until the end of the year, and even then I think I’ve missed a lot of funding announcements from job placement startups. The ones I’ve listed here are more likely to work with schools and/or students as part of a career services offering. But the sector is much larger than that, obviously.
Investment analyst firm CB Insights has done a better job of tracking this than me. Some of their articles this year on “human capital management”:
“From Pre-Employment Testing To On-Demand Jobs: 10 Early-Stage HR Tech Startups.”
“125 Startups Transforming Human Resources Across Recruiting, Benefits, Payroll, And More”
“Software Eats The Back Office: HR Tech Startups See Over 60% Funding Growth In 2015”
These are the ed-tech startups that I know of that raised venture capital this year, along with their investors:
- Interfolio ($13,010,000) – investors include Quad Venture Partners, Blu Venture Investors, Matthew Pittinsky, NextGen Angels, and Middleland Capital
- Handshake ($10,500,000) – investors include Kleiner Perkins Caufield & Byers, True Ventures, Lightspeed Venture Partners, and Lowercase Capital
- Portfolium ($6,600,000) – investors include SJF Ventures, University Ventures, and USA Funds
- Viridis Learning ($3,200,000) – investors include Thayer Ventures, Lumina Foundation, the Carver Family Office, Serious Change, NVC Investments, Carlos Gutierrez, C.S. Park, and Ken Hicks
Acquisitions this year include TalentBuddy, acquired by Udemy and DevBridge, acquired by Bloc.